Mathematics, 06.05.2020 02:23 kvekrcurf

Kerri deposited $8,500 in her saving account 12 years ago, locking in an interest rate of 8% per year.
If she made no additional deposits or withdrawals in that time period, how much money would
Andrea have in her savings account after the 12 years?
A. $8,160
B. $8,500
C. $16,660
D. $90,100
Please show work

Answers: 2

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Kerri deposited $8,500 in her saving account 12 years ago, locking in an interest rate of 8% per yea...